Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.002%
Price spread now: Bybit against tradeXYZ+0.095%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$360.361% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 7 days−0.041%−$4 · spread now +0.095%, 7d avg +0.092%
=Together, before fees−0.065%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.092%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:EWY | 188.54 | 0.0050 | pay 0.0006% / 1h | 7m 35s | $6.3M | $14.4M | 20x |
| Short | Bybit EWYUSDT | 188.72 | 0 | get 0.0000% / 8h | 2h 07m | $5.0M | $4.8M | 100x |
tradeXYZ xyz:EWY
Bybit EWYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.5
- Price spread: +0.095% → +0.092%
- $0.38
- Slippage, 4 orders
- −$7.06
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$46.17
- Costs to cover
- 0.361%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 11 min ago; Bybit: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 11 min ago | 0.80 bp | 10.5 bp −$10 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.27 bp | 8.0 bp −$8 | 12.0 bp −$120 | doesn't fit | doesn't fit |
EWY on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget EWYUSDT | −0.0144% | 8h | 188.63 | +0.048% | $2.7M | $2.3M | 20x | as long as short |
| Hotstuff EWY-PERP | −0.0120% | 1h | 188.50 | −0.021% | $28K | $12K | 20x | as long as short |
| BloFin EWY-USDT | −0.0012% | 8h | 188.39 | −0.080% | $47K | $216K | 50x | as long as short |
| Aster EWYUSDT | 0.0000% | 8h | 188.68 | +0.072% | $293K | $12K | 20x | as long as short |
| Extended EWY_24_5-USD | 0.0000% | 1h | 188.61 | +0.035% | $241K | $500K | 10x | as long as short |
| Binance EWYUSDT | 0.0000% | 8h | 188.66 | +0.064% | $27.4M | $81.2M | 50x | as long as short |
| Bybit EWYUSDTshort | 0.0000% | 8h | 188.72 | +0.095% | $5.0M | $4.8M | 100x | |
| OKX EWY-USDT-SWAP | 0.0000% | 8h | 188.56 | +0.011% | $4.1M | $4.3M | 50x | as long as short |
| Gate EWY_USDT | 0.0000% | 8h | 188.66 | +0.064% | $4.1M | $4.2M | 50x | as long as short |
| MEXC EWY_USDT | 0.0000% | 8h | 188.62 | +0.042% | $8.9M | $4.2M | 100x | as long as short |
Bitget EWYUSDT
Hotstuff EWY-PERP
BloFin EWY-USDT
Aster EWYUSDT
Extended EWY_24_5-USD
Binance EWYUSDT
OKX EWY-USDT-SWAP
Gate EWY_USDT
MEXC EWY_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EWY | 0.0000% | 8h | 188.31 | −0.121% | $1.2M | $1.1M | — | as long as short |
| GRVT EWY_USDT_Perp | 0.0000% | 8h | 188.35 | −0.102% | $744K | $426K | 10x | as long as short |
| SunX EWY-USDT | 0.0000% | 8h | 188.36 | −0.095% | — | $2.5M | 20x | as long as short |
| HTX EWY-USDT | 0.0000% | 8h | 188.45 | −0.048% | $22K | $35K | 20x | as long as short |
| Phemex EWYUSDT | 0.0000% | 8h | 188.42 | −0.064% | $1.7M | $37K | 10x | as long as short |
| Lighter EWY | +0.0032% | 1h | 188.50 | −0.021% | $382K | $40K | 20x | as long as short |
| Coinbase International EWY-PERP-INTX | +0.0040% | 1h | 187.91 | −0.334% | $523K | $277K | 20x | as long as short |
| Vest EWY-USD-PERP | +0.0046% | 1h | 188.22 | −0.170% | — | $220K | 25x | as long as short |
| Popdex EWYUSDT | +0.0048% | 1h | 188.66 | +0.064% | $198K | $151K | 20x | as long as short |
| tradeXYZ xyz:EWYlong | +0.0050% | 1h | 188.54 | long leg | $6.3M | $14.4M | 20x | |
| Entropy io:EWY | +0.0050% | 1h | 188.30 | −0.127% | $125K | $111K | 25x | as long as short |
| Polymarket Perps EWY-USD | +0.0050% | 1h | 188.25 | −0.154% | $4K | $126 | 20x | as long as short |
| SoDEX EWY-USD | +0.0050% | 1h | 188.42 | −0.064% | $734 | $4K | 10x | as long as short |
| Ondo Perps EWY-USD.P | +0.0050% | 1h | 188.17 | −0.196% | $216K | $318K | 10x | as long as short |
| Paradex EWY-USD-PERP | +0.0060% | 8h | 188.73 | +0.100% | $23 | — | 5x | as long as short |
| KuCoin EWYUSDTM | +0.0100% | 8h | 188.40 | −0.074% | $970K | $599K | 20x | as long as short |
| ApeX Omni EWYUSDT | +0.0100% | 1h | 188.37 | −0.090% | $13K | $265K | 50x | as long as short |
| Orderly PERP_EWY_USDC_mythos | +0.0100% | 8h | 188.41 | −0.069% | $2K | $1K | 20x | as long as short |
| Deribit EWY_USDC-PERPETUAL | +0.0175% | 1h | 188.38 | −0.085% | $2K | $14K | 20x | as long as short |
| edgeX EWYUSDC | +0.0835% | 4h | 188.30 | −0.130% | $422K | $284K | 20x | as long as short |
Variational Omni EWY
GRVT EWY_USDT_Perp
SunX EWY-USDT
HTX EWY-USDT
Phemex EWYUSDT
Lighter EWY
Coinbase International EWY-PERP-INTX
Vest EWY-USD-PERP
Popdex EWYUSDT
Entropy io:EWY
Polymarket Perps EWY-USD
SoDEX EWY-USD
Ondo Perps EWY-USD.P
Paradex EWY-USD-PERP
KuCoin EWYUSDTM
ApeX Omni EWYUSDT
Orderly PERP_EWY_USDC_mythos
Deribit EWY_USDC-PERPETUAL
edgeX EWYUSDC